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hmctsGoldman Sachs have settled a claim for discrimination by one of its female former executives after she alleged that she was denied millions of pounds in pay and bonuses because she was pregnant.

Sonia Pereiro-Mendez, a former debt research analyst at the bank, took Goldman Sachs and three of her bosses to an Employment Tribunal after she claimed that the Wall Street bank had refused to pay her millions of pounds in pounds that she alleged that she was owed after she revealed to management in 2010 that she was pregnant.

Mrs Pereiro-Mendez, a mother of two, claimed in her evidence that after she revealed she was pregnant in 2010 male colleagues were promoted above her, that she was “publicly mocked, that she was “subjected to gratuitous and implicitly derogatory references to her childcare arrangements, that she was excluded from key meetings, and that she was told that she was “not a significant long-term player”. It was reported that Mrs Pereiro-Mendez recorded colleagues at the firm allegedly making sexist remarks without their knowledge.

The former executive, who joined the bank in 2003 and moved to London in 2005, also claimed in evidence that her earnings at the bank “nose-dived” after she informed senior management of her pregnancy. Her basic salary was £250,000 in January 2010 but had fallen to £192,000 in January 2012, two months after she announced her pregnancy. Mrs Pereiro-Mendez also claimed that the bank failed to pay her her agreed bonus of approx 5% of the profit that she generated. She claimed that in 2011 she received £200,000, rather than the £910,000 which she claimed that she was owed; in 2012, that she was paid £284,000 rather than the £759,000 that she claimed that she was owed; and that she received no bonus at all in 2014, although she alleged she was owed £450,000 by the bank.

The claim came to the Employment Tribunal on 20 April 2015 but settled before it was due to commence. The terms of the settlement were not disclosed by either the bank or Ms Pereiro-Mendez.

A Goldman Sachs spokesman commented after the settlement was reached: “We are pleased this matter is resolved”.

Neither Ms Pereiro-Mendez nor her lawyers have commented on the settlement.

Chris Hadrill, an employment solicitor at Redmans, commented on the news: “A great number of Employment Tribunal claims settle before they get to a hearing, and this is particularly the case if the parties to the litigation are running up large legal bills, if there are complicated points of fact or law, or if either of the parties believe that they risk reputational damage by the matter going to court. The terms of this settlement are probably covered by a confidentiality clause and it is probable that they will therefore not be made public.”

About

Redmans Employment Team deal with employment matters for both employers and employees, including drafting employment contracts and policies, advising employers and employees on compromise agreements, handling day-to-day HR issues, advising on restructures, and handling Employment Tribunal cases for both employers and employees Call 020 3397 3603 to speak to one of the members of our employment team or email us on enquiries@redmans.co.uk. Redmans have offices in Richmond, Chiswick, Hammersmith, Fulham, Kingston, Wimbledon, Ealing, Kings Cross and Marylebone (meetings strictly by appointment only).

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Testimonials

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54 Reviews

David W

A speedy efficient friendly service, I would definitely recommend Redmans Solicitors for processing Settlement Agreements.

Posted 40 minutes ago

Anonymous

Both Rana and Chris were fantastic. From the first phone call I was confident my matter was in good hands. I was not disappointed. I would highly recommend Redmans. Thank you again for all of your support and advice.

Posted 4 days ago

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Great advices and communication. Through Redmana I obtained match more than what I thought. Highly recommended

Posted 6 days ago

Tom G

A good and efficient service with the required legal advice provided for a settlement agreement.

Posted 6 days ago

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The solicitor I used was Chris Hadrill, who I found extremely professional and I felt that he made me feel at ease, considering the subject matter he was assisting me with.

Posted 1 week ago

Anonymous

Chris provided excellent assistance with the negotiation of my settlement agreement. From start to finish, I was consitently updated and advised on the best course of action to take. I would highly recommend Chris and Redmans Solicitors.

Posted 1 week ago

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They are busy people but manage well so generally I would recommend them.

Posted 1 week ago

Anonymous

Very efficient and professional service from my first phone call making an enquiry. Timescales of the matter in hand were met and within the agreed budget. Would highly recommend Redmans

Posted 3 weeks ago

Lisa B

Really very good service, always available to answer questions, provide my with any information I needed to make informed decisions.

Posted 3 weeks ago

Anonymous

Offered good support and advice

Posted 3 weeks ago

Anonymous

Chris reviewed and managed my compromise agreement swiftly, accurately, helpfully, and on budget. His input on key non-compete clauses was valuable, his communications were clear and concise, and he was always swift in responding. Highly recommended.

Posted 3 weeks ago

Gurbir C

Excellent legal advice service.

Posted 3 weeks ago

Tim

I found Redmans to be very helpful and efficient in conducting my case which was concluded in a timely and diligent manner

Posted 3 weeks ago

Anonymous

I found Redman Solicitors to be very good and worked very well to an extremely tight timescale. I would happily recommend them again especially Rana.

Posted 3 weeks ago

Anonymous

I received excellent, knowledgeable and critically timely support from Chris regarding my settlement agreement, and would wholeheartedly recommend Chris in these matters.

Posted 3 weeks ago

Katelyn

The solicitor communicated well with me and made sure I understood everything. He did everything needed for my settlement agreement and tried to get the wording changed in my favour too.

Posted 1 month ago

Anonymous

Redmans provided excellent services

Posted 1 month ago

Sibel U

Excellent service

Posted 1 month ago

Peter S

I was very happy with the level of advise I received from Caroline Lewis, and a very professional service fron Chris, The advice given really helped me and I was comfortable to sign the settlement agreement following my redundancy. I would be more than happy to recommend your services to others.

Posted 1 month ago

Derek S

I very much appreciated the help provided by Redmans in the settlement agreement agreed with my former employer.

Posted 1 month ago

Waseem M

It was the first ime I used Redmans Solicitors and to be honest, thety were amazing. Rana Tandon and Chris Hadrill were out of this world. They made the process as simply and smooth as can be. Thank you so much for all your support over the last week.

Posted 1 month ago